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A company reports the following balances: 12/31/2018 $108,000 12/31/2019 $274,000 Common Stock Retained Earnings 69,000 81,000 During 2019, dividends of $16,000 were declared and paid.

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A company reports the following balances: 12/31/2018 $108,000 12/31/2019 $274,000 Common Stock Retained Earnings 69,000 81,000 During 2019, dividends of $16,000 were declared and paid. What is net income for 2019? (Do

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